Medicare Part D Stand-Alone Plan Premiums Could Rise 50% to $51 Monthly in 2027 Without a Switch to Lower-Cost Coverage

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KFF projects that the average monthly premium for stand-alone Medicare Part D plans will rise 50%, from $34 in 2026 to $51 in 2027.
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The projected 2027 average monthly premium is $9 for Medicare Advantage plans with Part D coverage, compared with $51 for stand-alone plans.
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No stand-alone Part D plans will have zero premiums in 2027, affecting more than 4 million current enrollees who pay no premium.
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Projected 2027 monthly premiums among the 8 national stand-alone plans range from $6.50 for Wellcare Value Script Rx to $204.50 for AARP Medicare Rx Preferred.
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In 2027, the average deductible is projected to be $643 for stand-alone plan enrollees and $489 for Medicare Advantage Part D enrollees.

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